Separation of CEO from Board Chair

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To date, research on CEO-chair separation has yielded only one overarching conclusion: a CEO who also serves as board chair is no better or worse for company performance than an independent director serving as board chair.

http://blogs.law.harvard.edu/corpgov/2013/06/25/ceo-board-chair-separation-if-it-aint-broke-dont-fix-it/